ElectroFile tax software invites you to use our free loan amortization program. Click on the download graphic link and download the program or open it from its current location.

Enter the loan amount, the interest rate as a percentage, the life in years of the loan, and the number of payments per year. Be sure to enter the interest rate as a percentage, eg. 7.775 and not as .07775. The calculations are extremely fast and occur as you enter the number of payments per year.

A printable amortization schedule shows in a window along side the entry fields. Be sure to enter the title of the loan before printing the schedule. The report may be directed to either LPT1 (nomally), LPT2, or to a file name REPORT.TXT.

This is a screenshot of Amortize.

Amortize Screen Shot

This is a screenshot of a printed amortization schedule.

Printed Amortization Schedule Example
Download it here

Mortgage Calculation
Loan Amortization Program


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